Stocks to Watch Going into the Trading Day on 11.14.2019 - $PTON $AAPL $V $MA $FB $NKE $AMZN
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$PTON - Peloton is reportedly teeing up a lower-cost treadmill and a rowing machine for release next year.
$AAPL - Apple unveiled a new MacBook Pro with its first keyboard redesign in four years. Finally, they got our letters about the butterfly keys.
$V & $MA - Visa and Mastercard are the subjects of a preliminary inquiry from the Federal Trade Commission for possibly barring merchants from using other debit networks.
$FB - Facebook removed 3.2 billion fake accounts between April and September.
$NKE & $AMZN - We always pegged Nike’s c-suite as Pusha T fans, but they’re not above taking a page from Drake—walking offstage mid-set. Nike will no longer sell sneakers and apparel directly on Amazon, ending a two-year pilot program during which Amazon bought straight from Nike instead of third-party vendors. Big picture: Brands the size of Nike have said Amazon doesn’t work hard enough to wipe out its flourishing community of counterfeit sellers. That and Amazon’s strict price control can devalue outside brands’ products. Nike is focused on higher-margin “direct, personal relationships” with your feet. Amazon, the country’s largest internet retailer, doesn’t exactly offer that.
$AAPL - Apple unveiled a new MacBook Pro with its first keyboard redesign in four years. Finally, they got our letters about the butterfly keys.
$V & $MA - Visa and Mastercard are the subjects of a preliminary inquiry from the Federal Trade Commission for possibly barring merchants from using other debit networks.
$NKE & $AMZN - We always pegged Nike’s c-suite as Pusha T fans, but they’re not above taking a page from Drake—walking offstage mid-set. Nike will no longer sell sneakers and apparel directly on Amazon, ending a two-year pilot program during which Amazon bought straight from Nike instead of third-party vendors. Big picture: Brands the size of Nike have said Amazon doesn’t work hard enough to wipe out its flourishing community of counterfeit sellers. That and Amazon’s strict price control can devalue outside brands’ products. Nike is focused on higher-margin “direct, personal relationships” with your feet. Amazon, the country’s largest internet retailer, doesn’t exactly offer that.
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